Harness Wealth raises $15 million to democratize the power of family workplaces

Harness Wealth raises $15 million to democratize the power of family workplaces

Household offices have existed since the 1800s, however they’ve never ever been so manifold as recently. According to a 2019 Worldwide Family Office Report by UBS and Campden Wealth, 68% of the 360 family offices surveyed were established in 2000 or later on. Their rise owes to numerous factors, including the tech startups that mint […] Even multi-family offices, where resources are shared with other households, are more normally targeting individuals with at least $20 million to invest. Prentke English is likewise like a lot of the clients to which Harness Wealth caters today. As for what Harness Wealth does with that fresh capital, part of it, remarkably, will be used to develop its own captive organization line called Harness Tax.